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-level support for the notion that labor mobility stimulates overall innovation of a country or region due to knowledge transfer. …
Persistent link: https://www.econbiz.de/10010457906
This paper examines empirically the relationship between innovation and market structure within a simultaneous … concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …
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Since the financial crisis in 2008, slow growth has riddled Europe and the Covid-19 pandemic is amplifying the challenge. Promoting economic growth and transforming to a more knowledge-based industrial structure will be high on the agenda for the coming decades. We study how more and better...
Persistent link: https://www.econbiz.de/10012421142
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on … economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather … than innovation. Economic theory shows the ways that price competition benefits consumers; and courts, antitrust agencies …
Persistent link: https://www.econbiz.de/10013465592
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We propose a novel mechanism through which established firms contribute to the startup ecosystem: the allocation of R&D tax credits to startups via the M&A channel. We show that when established firms become eligible for R&D tax credits, they increase their R&D and M&A activity. In particular,...
Persistent link: https://www.econbiz.de/10014305581
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